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Jakarta
Wednesday, November 14, 2018
JAKARTA (TheInsiderStories) — Indonesian oil and gas investment for upstream far from its target. According to official data, until third quarter (3Q) of 2018, investment in upstream business was US$8.76 billion, only 61.69 percent of the $11.2 billion target. Some of the investment realizations are $18 million drilling, US$ 212...
JAKARTA (TheInsiderStories) - Residential Property Price Index (RPPI) in the primary market lowered in the third quarter (3Q) of 2018, said Bank Indonesia (BI) today (09/11). The index recorded 0.42 percent in the 3Q of 2018 from the previous quarter 0.76 percent. In 4Q, the house prices are expected to start...
JAKARTA (TheInsiderStories) - In the 5th Ministerial Meeting Council of Palm Oil Producing Countries (CPOPC) in Malaysia, the country members agreed on taking some strategic steps against discriminative campaign over palm oil products. The organization said will not participate on Indirect Land Use Change workshop which is part of European Union’s event...
JAKARTA (TheInsiderStories) - State-owned mining holding PT Indonesia Asahan Aluminium (Inalum) has sold multi-tranche Senior Unsecured Notes US$4 billion on Thursday (08/11), said sources closed to the deal. The proceeds will use to finance the short term loans from Bank of Tokyo Mitsubishi. The management of the company deny to comment...
JAKARTA (TheInsiderStories) — Good morning! American  Dollar fell off against other countries’ currencies, following midterm election result that brings Democrats to control parliament. Observers rated, opposition legislative may triggered volatility in financial market due to President Donald Trump’s possible hardship to run his policy. Rupiah has been gaining its power this...
JAKARTA (TheInsiderStories) - Japan's private machinery orders excluding volatiles – a leading indicator of capital expenditure – fell 18.3 percent in September compared to previous month (month on month/MoM) following two consecutive months of increase. Orders from both manufacturers and non-manufacturers declined 17.3 percent and 17.1 percent (MoM), respectively,following two consecutive months...
JAKARTA (TheInsiderStories) - PT Angkasa Pura II (AP II), Indonesian airport operator, offered two series Rupiah bond as much as Rp750 billion (US$50.68 million), said the company today (08/11). The funds from these bonds will be used for business development. Based on the company's statement, the bonds are divided into Series...
JAKARTA (TheInsiderStories) - Indonesian Government will ratify seven bilateral trade agreement in the ASEAN, ASEAN+, and one Free Trade Agreement (FTA). The ratification will be stipulated through a Presidential Regulation. Those are First Protocol to Amend the AANZFTA Agreement, Agreement on Trade in Services under the ASEAN-India FTA (AITISA), Third Protocol to...
JAKARTA (TheInsiderStories) -- Good morning! United States (US) midterm election impacted Asian stocks market. The market concerned about President Donald Trump fiscal policy, regarding Democrat's winning over parliament. Yesterday, most of Asian index weakened. Nikkei closed minus 0.28 percent, TOPIX corrected by 0.42 percent, CSI dropped by 0.65 percent, and KOSPI decreased...
JAKARTA (TheInsiderStories) - Indonesia's foreign exchange reserves the end of October 2018 stood at US$115.2 billion, higher than previous month at $114.8 billion, said Bank Indonesia today (07/11). The foreign exchange (forex) reserve asset position was equivalent to financing of 6.4 months of imports or 6.2 months of imports and servicing of...

Latest article

Indonesia to Revises Negative Investment List

JAKARTA (TheInsiderStories) - Indonesian Government will revise the negative investment list to attract more investment come to the country. According to Minister of Industry Airlangga...

UOB Singapore, Grab Set Up Digital Services in ASEAN

JAKARTA (TheInsiderStories) - Singapore United Overseas Bank Ltd., (UOB) and Malaysian Grab have entered into a strategic alliance to accelerate the use of digital services...

Indonesia’s GO-JEK Partnering with DBS to Enter Singapore’s Market

JAKARTA (TheInsiderStories) -- GO-JEK, an Indonesian ride-hailing provider joined forced with DBS Bank to enter Singapore' market. The two companies will work together on payment...

ASEAN Remains an Investment Destination

JAKARTA (TheInsiderStories – Association of Southeast Asian Nations (ASEAN) has shown that it remains an investment destination of choice for the investors. In 2017, Foreign Direct...

Indonesia’s Sarana Multi Infrastruktur to Issue Rupiah Bond US$56M

JAKARTA (TheInsiderStories) - PT Sarana Multi Infrastruktur (SMI), a state-owned infrastructure funding company, will issue Rp828.5 billion (US$56.36 million) bond, according to Indonesian Central Securities...

Semen Indonesia Acquires 80% Holcim Shares for US$917B

JAKARTA (TheInsiderStories) - PT Semen Indonesia Tbk (IDX: SMGR) has signed the Conditional Sales Purchase Agreement to acquire 6.18 million or representing 80.6 percent...